Cieck A ion 14 of 23 <> Sort the pros and the cons of Employment Insurance (EI). Pro Con Answer Bank reduces the burden of unemployment smooths income changes creates an incentive to delay looking for a job increases job search efficiency and wage outcome increases frictional unemployment

Cieck A ion 14 of 23 <> Sort the pros and the cons of Employment Insurance (EI). Pro Con Answer Bank reduces the burden of unemployment smooths income changes creates an incentive to delay looking for a job increases job search efficiency and wage outcome increases frictional unemployment

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Check An
ion 14 of 23
<>
Sort the pros and the cons of Employment Insurance (EI).
Pro
Con
Answer Bank
reduces the burden of unemployment
smooths income changes
creates an incentive to delay looking for a job
increases job search efficiency and wage outcome
increases frictional unemployment

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Easy beginner econ question. Thank you!
The main policy goal of unemployment insurance isto reduce thea. search effort of the unemployed.b. income uncertainty that workers face.c. role of unions in wage setting.d. amount of frictional unemployment.